CGT - worth hiring an accountant?

MichaelCOH

Registered User
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I’ve been lucky enough to sell a holiday home at an €80k profit. I didn’t do any improvements on the house during the five years I owned it, so nothing can be clawed back there on the capital gains tax.

I know I can get back estate agent and solicitor fees, but apart from that I’m assuming it’s straightforward enough - I pay CGT on the profit, less those fees? (It was never rented out).

Is it pointless then to use an accountant for this, could anything be gained by that, or am I missing some potential benefit?

Thank you.
 
If you are confident of doing it yourself, do it. If you aren't confident of doing it yourself, hire someone to do it for you. Simples
 
If it is as simple as you state, do it yourself. As Thesearcher says though, bear in mind the CGT allowance, which is doubled if the property was in joint names
 
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